The Renewable Energy Group (REG) has produced a series of videos from the 2014 National Biodiesel Conference called Biodiesel Trends. Biodiesel Trends is a video news series that will recap the conference. You can watch short video interviews with key presenters as they discuss industry trends and topics, meet some of the industry’s up-and-coming researchers, learn about federal and state …
REG Expands in NJ as Biodiesel Mandate Debated
The country’s leader in biodiesel production is expanding its presence in New Jersey, as lawmakers in that state look to enact a biodiesel heating oil mandate. This news release from Renewable Energy Group (REG) says it entered into an agreement with Dutch Hill Terminals, a leading heating oil terminal in New Jersey, to market biodiesel and biodiesel blended heating oil …
REG Opens Biodiesel Barge Berth at Seneca, Illinois
Renewable Energy Group has opened a new biodiesel loading facility on the Illinois River. This REG news release says it will help move the green fuel from REG’s 60-million gallon biorefinery in Seneca, Ill. The barge loading facility will be supported by the addition of 2.5 million gallons of new terminal storage. REG’s total investment in these upgrades is about …
Biodiesel Industry Responds to EPA 2014 RVOs
The Environmental Protection Agency (EPA) announced its proposed volume requirements under the Renewable Fuel Standard (RFS) today and the biomass-based diesel category was proposed for 1.28 billion gallons, less than what the industry is currently able to produce. Biodiesel production is on track to set a production record exceeding 1.7 billion gallons this year, using an increasingly diverse mix of …
REG Boast Big 3rd Quarter for Biodiesel
Biodiesel producing giant Renewable Energy Group (REG) is boasting a big third quarter for its biodiesel operation. The Iowa-based company reports 77.6 million gallons of biodiesel sold in the third quarter 2013, an increase of 26 percent compared to the third quarter of 2012. In addition, revenues are up more than 40 percent compared to the same time a year …
REG Opens Mason City Biodiesel Plant
Renewable Energy Group today formally opened the company’s recently acquired biodiesel refinery in Mason City, Iowa. The biodiesel company also announced the start of a $20 million project to upgrade the plant to a multi-feedstock facility. REG completed the acquisition of the former Soy Energy, LLC refinery on July 31, 2013. REG immediately began efforts to repair and re-start the …
REG’s Haer: Biodiesel Helps Break Big Oil Monopoly
As we recently recognized the 40th anniversary of the Arab Oil Embargo, which back then, showed how vulnerable the U.S. was working under foreign petroleum, one of the leaders at the nation’s biodiesel leader says his industry’s green fuel is a pathway to break the Big Oil monopoly. In this piece for the political blog, The Hill.com, Renewable Energy Group …
REG Chief: Biodiesel Set to Meet RFS Obligations
As the government considers the 2014 volume obligation for biodiesel under the Renewable Fuel Standard (RFS), the man in charge of the nation’s largest biodiesel producer says his green fuel is ready to meet the mandates. On the E&ETV show OnPoint, Dan Oh, CEO of the Renewable Energy Group (REG) said biodiesel can be relied upon to provide advanced biofuels. …
Biodiesel Maker REG Posts Strongest Quarter Ever
Things are looking up for biodiesel producer Renewable Energy Group. The Iowa-based company says it sold 69.2 million gallons of biodiesel during the second quarter this year, up 28 percent from the same time a year ago. Revenues also increased 42 percent from a year ago, hitting $387.1 million and an adjusted EBITDA of $41.6 million during the second quarter …
REG to Offer Biodiesel at New York Harbor
Biodiesel giant Renewable Energy Group (REG) will soon offer the green fuel in New York Harbor. The deal was struck for the International-Matex Tank Terminals (IMTT) in Bayonne, N.J., one of the world’s largest petroleum trading hubs. “The Northeast has an active biodiesel market and this terminal position allows us to provide more high quality REG-9000® biodiesel to better serve …